Basics you should know when considering Legal Financing
Applying for a settlement loan for your personal injury only takes a few moments.
Fill out our simple lawsuit loan form application, and we start working on your request. The legal funding process is quick and simple, taking only a few minutes. But if you prefer, call us now at 855-FUND-YOU and speak directly with a case manager about your lawsuit settlement loan.
The is no risk when applying for legal financing, if you lose you will owe us nothing. And you get to keep the money we gave you for your lawsuit loan.
Complete the online application to the right and provide us with basic information. The basics you should know when considering whether to get legal financing for your personal injury lawsuit. Our staff will review the merits of your settlements funding request based on the information your personal injury attorney provides us. Then after fully examining the documentation regarding your legal financing request, we can move forward and providing you funding.
What Lawsuit Financing Is and What It Takes to Get Lawsuit Financing from Pegasus Legal Funding LLC
- Lawsuit financing from PLF is money advanced to personal injury victims who are seeking a settlement for their injuries
- Legal financing from Mylawfunds is NOT a loan. The lawsuit financing provided by MLF is a non-recourse cash advance that is only paid back if the personal injury victim gets his/her settlement
- A Lawsuit cash advance from us does not require monthly payments and does not require any payments until AFTER the personal injury victim gets his/her settlement
- Settlement loans from our company does not require a credit check and does not require any proof of employment
- Obtaining a legal funding is only provided to personal injury victims who are represented by an attorney on a contingent basis
- The money advanced does NOT have to be repaid at all if the personal injury victim does not get a settlement
- Getting lawsuit financing from Pegasus is quick and easy!
The money we provide does not come with any restrictions, you can use the money from your legal financing for whatever needs you have. Personal injury victims can use your personal injury loan money in any way he/she sees fit to use the money. For instance, the lawsuit cash advance funds can be used to pay medical bills and other costs associated with the personal injury victim’s injuries, that is why legal financing is so popular with plaintiffs. However, the money can also be used to buy groceries, pay the mortgage payment/rent payment, or pay utility bills. Pegasus Legal Funding understands that costs associated with the personal injury go further than just the cost of medical bills. Personal injuries can cause personal injury victims to be out of work for extensive periods of time and insurance companies make try to make a low offer to settle your case, but we offer legal financing to help you make a better decision. This can cut into the funds that personal injury victims typically have to pay for day-to-day expenses. We understand that no one will understand where the money needs to go more than the personal injury victim. So, Pegasus gives personal injury victims the money they need and the freedom to do what they need with that money.
Further, Mylawfunds provides personal injury victims with peace of mind by offering your the option of legal financing. Instead of being a creditor that the personal injury victim must pay every month, Pegasus Legal Funding LLC does not require a payment until after a settlement has been received. Conventional loans would require personal injury victims to start making payments as soon as they received the money. This is not very helpful for personal injury victims because if they had the money to make monthly payments, they would not need the loan in the first place. We solve this dilemma by putting off any payment requirement until after the personal injury victim has received his/her settlement and can actually afford to make a payment.
If you need money while you wait for your personal injury settlement, give Pegasus Legal Funding a call today! We can get you the money you need fast! Legal financing can help you and your attorney level the playing field with deep pocketed insurance companies.
Apply Today, Receive Cash Tomorrow! Call Toll Free: 855-386-3968 / 855-FUND-YOU
About the author:
Tiffany Sherrill is a paralegal at Pegasus Legal Funding, LLC. Recently Tiffany was the assistant to the General Counsel at PLF with a focus on contract and financial aspects of Litigation Funding. Tiffany is also continuing her education pursuing a Juris Doctor degree.